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JUMPINJASPER Corporate has Just paid a cash dividend of $2.10 per share. Investors require a 11 percent return from this investment due to the high
JUMPINJASPER Corporate has Just paid a cash dividend of $2.10 per share. Investors require a 11 percent return from this investment due to the high risk (considering the primary share holder and operator). If the dividend is expected to grow at a steady 5 percent per year: What is the current value of the stock? (format answer as XX.XX) What will the stock be worth in five years? (format answer as XX.XX)
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